Data-Driven Management


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Data-Driven Management
1011205 Data-Driven ManagementManagement decisions based on objective data is a key component of a Six Sigma initiative. On a project-by-project basis, Six Sigma projects provide a means of analyzing process data to achieve process improvements. In the larger organizational view, these process improvements are initiated so that the organization can achieve its organizational priorities. The priorities are developed based on analysis of key stakeholder needs and wants, including the customer, shareholder, and employee groups. In this way, data-driven management provides a means of achieving organizational objectives by quantifying needs or wants of stakeholder groups relative to current baselines, and acting upon the data to reduce those critical gaps in…
Citation
Thomas Pyzdek; Paul Keller: Six Sigma Handbook, Fourth Edition. Data-Driven Management, Chapter (McGraw-Hill Professional, 2014), AccessEngineering Export